£397,325
This estimated value is based upon the latest sale price for the house of £278,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£278,000 | 28 Aug 2015 |
£240,000 | 2 Nov 2007 |
£240,000 | 2 Nov 2007 |
£210,000 | 24 Jul 2006 |
£78,500 | 10 Oct 1997 |
Terraced |
Leasehold |
Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £278,000 results in an estimated price of approximately £397,325.
28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £278,000 | £119,325 | £397,325 |
The Postcode Pricing Model uses changes in average sales price within the B29 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 170.625 % | £474,337 | £752,337 |
3 Month Average | 55.435 % | £154,108 | £432,108 |
6 Month Average | 72.786 % | £202,345 | £480,345 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £260,808 | £258,000 | 34 PRESTHOPE ROAD |
3 Mar 2023 | £333,139 | £330,000 | 138 GREEN MEADOW ROAD |
29 Apr 2022 | £332,110 | £322,500 | 164 SWARTHMORE ROAD |
31 Jan 2022 | £286,255 | £272,000 | 156 SWARTHMORE ROAD |
30 Sep 2021 | £495,693 | £460,000 | 96 GREEN MEADOW ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 May 2015. Using an estimated price of £397,325 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on GREEN MEADOW ROAD is 101 sq meters (1,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Erica Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erica Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Erica Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erica Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Erica Close |